64 



CANADA - AGRICULTURAL ECONOMY IN GENERAL^ 



nies in Canada. In the same year Canada's total export of bacon was, ac- 

 cording to the figures of the Trade and Commerce Department, 169 mil- 

 lion pounds. Perhaps no country supplying the Allies with food can afford 

 an example of a nearer approach to a monopoly in one commodity. The 

 basis of a monopoly in bacon existed before the war, and the extraordinary 

 conditions ruling since the outbreak of hostilities have enabled its develop- 

 ment. 



The general expansion of trade due to the icar did not bring equal profits 

 to the ten large companies mentioned in Table II. Table III shows appro- 

 ximately' the increase in their receipts, from trade in the products covered 

 by the investigation, between 1913 and 1916. By-products, such as 

 hides and lard, are excluded. The disproportionate increase of the profits 

 of Companies Nos. 5 and 10 is largely due to their sales of pork and bacon. 

 Company No.i, one of the largest dealers in beef in the West, has trebled its 

 sales of beef since 1913. 



Table III. 



Company 



1916 



No. I 



« 2 



" 3 



). 4 



>' 5 



.) 8 



). 9 



)) 10 



)) II 



« 12 



3,300,000 

 4,600,000 



570,000 

 12,630,000 

 2,500,000 

 2,700,000 

 4,300,000 

 5,300,000 



900,000 



4,600,000 

 4,600,000 

 550,000 

 14,000,000 

 3,500,000 

 2,700,000 

 8,000,000 

 5,600,000 

 1,100,000 



7,200,000 



7,000,000 



600,000 



14,000,000 

 7,000,000 

 3,600,000 



18,500,000 

 6,700,000 

 1,300,000 



8,800,000 



0,000,300 



980,000 



10,215,000 



11,900,000 



3,600,000 



28,100,000 



8,100,000 



2.500,000 



(i) 6,400,064 



(i) The records of Company No. 13 for 191 3 are not available. The figures representing 

 this company's receipts in 1913 are added because there is at least a partial overlapping of its 

 directorate with that of Company No. 9 and perhaps a closer assciation of the two companies. 



§ 4. General Conclusions. 



The following are the general conclusions of the investigators under the 

 order-in-council . 



The business of the cold storage companies has on the whole been fairly 

 conducted. There has been no illegal combination and no excessive accu- 

 mulation on the part of any of them. 



